Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Spire Establishes Solar Branch Office In India

Stock quotes in this article: SPIR 

Spire Corporation (Nasdaq: SPIR), a global solar company that provides capital equipment and turn-key manufacturing lines to produce (PV) modules, today announced that it has established a wholly owned subsidiary, Spire Solar Technologies Private Limited, that will have an office in Bangalore, India.

Leading Spire Solar Technologies Private Limited is Mr. Harjinder “Harry” Wahra who joined Spire in 2008 as the Vice President of Solar Cell Lines, and has more than proven he is capable of assuming the position as Managing Director of the Indian office.

India is located in the sun belt of the earth, thereby receiving abundant radiant energy from the sun. There has been an influx of solar activity throughout India, especially after its Prime Minister, Dr. Manmohan Singh, launched the Jawaharlal Nehru National Solar Mission. “Our vision is to make India’s economic development energy-efficient,” said Dr. Singh. “In this strategy, the sun occupies center-stage, as it should, being literally the original source of all energy.”

“We are looking forward to assisting India in its solar mission by expanding our facilities into Bangalore,” said Roger G. Little, Chairman and CEO of Spire Corporation. “Spire’s presence in India will allow our business partners, clients and future customers in the area the ability to develop a personalized bond with us, as well as creating the ease of rapid customer services.”

Mr. Wahra and senior members of the team will be exhibiting at the 5th Renewable Energy India 2011 Expo, Hall 7C, booth number 18, August 10-12, 2011, held at the Pragati Maidan in New Delhi, India.

Spire Solar Technologies Private Limited Contact Information

Spire Solar Technologies Private LimitedLevel 1, Tower BThe Millenia, 1 & 2 Murphy RoadUlsoor, Bangalore, 560 008, IndiaOffice telephone number: +91 80 4022 4065Mobile number: +91 879 284 1558

About Spire Corporation

Spire Corporation is a solar company providing capital equipment and turn-key production lines to manufacture PV modules. For more information, please visit www.SpireCorp.com or email PR@SpireCorp.com.

Certain matters described in this press release may be forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk of dependence on market growth, competition and dependence on government agencies and other third parties for funding contract research and services, as well as other factors described in the Company's Form 10-K and other periodic reports filed with the Securities and Exchange Commission.



Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs